NOT LISTED FOR SALE

86 Tower Hill Dr Red Bank, NJ 07701

Estimated Value: $563,000 - $590,000

2 Beds
2.5 Baths
1,441 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $330,000 $229 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,207/month

145 Days on Market

Highlights

  • Outdoor Pool
  • Marble Flooring
  • Granite Countertops
  • Red Bank Reg High School Rated A
  • 1 Fireplace
  • Tennis Courts

About This Home

As of August 2020

Tower Hill provides simplified living surrounded by rolling hills & a mature landscape. This 2 bedroom, 2.5 bathroom unit has a unique open layout featuring stunning marble flooring throughout the 1st level. Sliders in the lofted Living Room lead you directly to a spacious patio for restful moments outdoors or for entertaining friends. Convenient to the community pool & the tennis court which is under repair. Bright upstairs bedrooms and 2 full baths make this the perfect home for someone looking to be close to Red Bank and the Shore Points. One car garage w/ easy access from courtyard. Full laundry room with tub sink on first level. Easy access to GSP, NYC Ferries, local beaches, & Red Bank restaurants and breweries. Well maintained, freshly painted, & ready for a quick closing.

Last Agent to Sell the Property

Derek DeBree

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #1540809 Listed on: 07/09/2020

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Cindee Giannotti

Patrick Parker Realty License #1969064

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,504

Year Built

  • Built in 1981

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Living room chandelier
  • Assessor Parcel Number 39-00052-01-00006-09

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, snow removal
  • Tower Hill Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,504

Year Built

Built in 1981

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Tennis Court(s), Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Dishwasher, Dryer, Electric Cooking, Refrigerator, Garage Door Opener
  • Subdivision Name: Tower Hill
  • Unit Levels: 2 Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Structure Type: Townhouse
  • Year Built: 1981
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Red Bank
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Included Electric Cooking: Yes
  • Style Townhouse: Yes
  • Kitchen GraniteStone Counter: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Dining Room Sliding Door3: Yes
  • Exterior Security System3: Yes
  • Foyer Floor - Marble: Yes
  • SidingStucco: Yes
  • Dining Room Floor - Marble5: Yes
  • Kitchen Floor - Marble7: Yes
  • Living Room Floor - Marble6: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Living room chandelier
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Asphalt, Common
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 39-00052-01-00006-09
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6504.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Jul 27, 2020
Sold by
Incremona Richard S
Bought by
Eliseenko Igor
Seller's Agent
Derek DeBree
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Cindee Giannotti
Patrick Parker Realty
List Price
$319,000
Sold Price
$330,000
Premium/Discount to List
$11,000
3.45%
Current Estimated Value
$577,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,113
Avg. Annual Appreciation
11.70%
Original Mortgage
$240,000
Outstanding Balance
$212,897
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$368,003

Purchase Details

Closed on
Jul 6, 2001
Sold by
Hassett John
Bought by
Incremona Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.2%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Wagner Santoshi
Bought by
Hasett John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.48%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Sickles Robert
Bought by
Wagner Santoshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eliseenko Igor $330,000 Acres Land Title Agency Inc
Incremona Richard $230,000 --
Hasett John $215,000 --
Wagner Santoshi $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eliseenko Igor $240,000
Previous Owner Incremona Richard $240,000
Previous Owner Hasett John $172,000
Previous Owner Wagner Santoshi $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $330,000 +3.4% $229 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $319,000 0.0% $221 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $319,000 -3.0% $221 / Sq Ft
02/14/2020 02/14/20 For Sale $329,000 -- $228 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,189 $545,600 $319,900 $225,700
2024 $8,189 $462,500 $245,900 $216,600
2023 $8,189 $428,500 $257,000 $171,500
2022 $7,595 $392,200 $228,000 $164,200
2021 $7,595 $339,500 $190,000 $149,500
2020 $6,961 $306,400 $170,000 $136,400
2019 $6,684 $302,300 $170,000 $132,300
2018 $6,504 $297,400 $170,000 $127,400
2017 $6,815 $323,000 $170,000 $153,000
2016 $7,145 $339,100 $190,000 $149,100
2015 $8,018 $394,400 $250,000 $144,400
2014 $7,545 $394,400 $250,000 $144,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005407

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00006-09